Jeff Bezos steps down as Amazon CEO

Jeff Bezos, Amazon founder will step down as CEO and Andy Jassy will take over as CEO of Amazon.
“I’m excited to announce that this Q3 I’ll transition to Executive Chair of the Amazon Board and Andy Jassy will become CEO. In the Exec Chair role, I intend to focus my energies and attention on new products and early initiatives. Andy is well known inside the company and has been at Amazon almost as long as I have. He will be an outstanding leader, and he has my full confidence.” Jeff Bezos said in a letter to employees.


"Congrats @JeffBezos, best wishes for Day 1 and Earth fund. Congrats @ajassy on your new role!" - Sundar Pichai tweeted after Jeff Bezos announced to step down as CEO.